Direct Line Group News – Page 3
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NewsDirect Line Group predicts inflation-driven profit hit
The insurer’s second tranche of its £100m share buyback programme has been cancelled as a result
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NewsOnly 26% of small businesses see cyber security as a ‘top priority’ – Direct Line
’It’s important that employees are trained to identify potential points of vulnerability,’ says product manager
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NewsDirect Line estimates extreme weather claims to reach £40m
The insurer says these potential claims are within its budget for the year
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News76% of Brits do not understand health insurance cards – Direct Line
The insurer warns that the ‘gap is growing’ for Global Health Insurance Cards
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NewsInsurer pockets another £80m over IBM IT project blunder
IBM has said it is ’disappointed’ with the ruling and intends to seek appeal
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NewsDirect Line Group recovers from 2020 dip with improved year-end financials
The group’s GWP remained broadly stable, despite its motor book seeing a tumble in turnover
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NewsDirect Line Group reports £857.1m GWP for 2021’s Q3
Chief executive says the insurer has made ‘strong progress’ so far this year and is ‘on track’ to meet the FCA’s upcoming pricing reform deadline
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NewsHB Underwriting partners with insurtech to launch tenants’ contents product
The cover aims to close the insurance accessibility gap for social and affordable housing tenants
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NewsInsurance Task Force reveals new Sustainable Products and Services Showcase
Task force members have developed a set of proposals to put before governments and regulators, aiming to combat climate change
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NewsDirect Line and Churchill remove Covid cancellation restriction for travel insurance policies
The approach aims to support the recovery of the travel insurance industry
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NewsDirect Line Group appoints chief information officer from Virgin Atlantic
The hire will join the executive committee and play a ‘lead role’ in the company’s future, says top boss
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NewsNationwide withdraws free European travel insurance for FlexAccount holders
The building society will continue working with Direct Line Group on travel insurance policies for other types of current accounts
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NewsMetro Bank partners with Churchill Expert to target SMEs with new insurance products
The SME products mark the bank’s ‘first stepping stone’ into insurance as it plans to launch pet and travel covers later this year
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NewsDirect Line launches standalone cycling insurance product
It provides public liability and personal injury cover to riders
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NewsDirect Line completes ‘heavy lifting’ of technology transformation
The insurer’s chief exec says transformation is ‘not just about tech’, but pairing it with the right cultural mindset
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NewsDirect Line’s profits return following pandemic-stricken motor market hit
Its gross income from car insurance premiums fell by 6.2% in the first half of 2021 due to fewer cars on the road, yet chief exec says the firm is ’entering the second half of the year with ambition and confidence’
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NewsBackchat July/August 2021
Ladies Day, railway conductors and an 173 mile cycle ride - what has the insurance industry been up to lately? You heard it here first…
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NewsPrince Charles and global insurance industry join forces on climate change
Lloyd’s chairman says that ’partnership and accelerated action’ can help address ‘unprecedented’ climate change risk
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NewsMark Wilson’s insurtech appoints six new senior leadership hires
The business plans ’to drive product disruption in this industry, on behalf of both our B2B and B2C customers’
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NewsDirect Line reveals new executive committee roles and responsibilities
The changes aim to evolve the group into ‘an insurance company for the future’
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